At ₹376, Paytm shares hit upper circuit for third straight session

February 20, 2024 admin

File. | Photo Credit: Reuters Shares of Paytm’s parent firm One97 Communications rallied 5% and touched upper circuit for the third straight session on February 20. According to reports, the Directorate of Enforcement (ED), which has been probing One97 Communications’ arm Paytm Payments Bank Ltd (PPBL), has not found any breaches of the foreign exchange…

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RBI restriction on Paytm: CAIT advises traders to switch from Paytm to other payment apps in light of RBI action

February 4, 2024 admin

Paytm app is seen on a smartphone in this illustration image. File | Photo Credit: Reuters Traders’ body CAIT on February 4 issued a cautionary advisory to traders to switch from Paytm to other payment options for business-related transactions following RBI curbs on Paytm wallet and bank operations. “The Reserve Bank of India has imposed…

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